Don't Be Fooled by Continuing Strength in Gold...
by AL MARTIN (INSIDER INTELLIGENCE.COM)
As Commodities Continue to Move South
(7-28-13) Sep. Long Bond contract -- now being supported on dips to the 133.24 area. We were buyers again at 133.24 in Thursday's session, selling on our standing order at 134.24 by the end of day Friday. We think the Bonds continue to be a buy on dip trade.
The Dollar Index, although having fallen below 8200 -- we think it's still a long trade. We are consistently selling the Euros as previously stated on moves to 1.3250 or better. We think that this notion that the Euros can make a move up to 1.34 is nonsense.
For the rest of this FREE SAMPLE COLUMN of commodity futures trading recommendations, go to Market Analyst/ Independent Trader Al Martin's website CLICK HERE Insider Intelligence
* AL MARTIN is a market trader as well as an independent political/ economic analyst with 25 years of experience as a trader on NYMEX, CME, CBOT and CFTC. He is considered to be a source of independent analysis for financially sophisticated and market savvy investors, as well as subscribers who want to understand the behind the scenes working of markets worldwide.
Check out Al Martin's website Insider Intelligence which provides weekly commodity futures trading recommendations.